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in the bay area to py more. >>> tax time is still a few months away. but there are already changes coming that could force people in the bay area to pay more. cbs 5 political reporter grace lee takes a look at how changes in the tax laws will impact us all. >> reporter: hopefully no indigestion. the bay area is one of the most vulnerable regions to changing taxes and the reason for that is our cost of living is higher and that means prop 30 could affect a larger number of households here. the bigger problem is looming in the federal tax code and it could cost middle class families thousands of dollars. tax changes are adding up and it could cost you a lot. >> we got to make sure we do it right. >> reporter: governor brown's proposition 30 raised state income tax on those with a taxable income of $250,000 or more to pay for schools and universities. what you might not know is it's retroactive meaning if you fall in that bracket the bill is due this coming april. >> there's going to be a few people who will be surprised but there was really nothing that you could to plan for it. it was, yo
back at work after the holiday break and shifting view op tax -- on tax reform and their demand from democrats. >>> and why more workers at a bay area airport could be allowed to carry firearms. >>> a bay area college launches a new recruiting strategy. why it is spending six figures to target a specific group of students. ,,,,,,,, when i take a picture of this check, it goes straight to the bank. oh. oh look the lion is out! no mommy no! don't worry honey, it only works on checks. deposit checks from your smartphone with chase quickdeposit. just snap a picture, hit send and done. take a step forward and chase what matters. oh, it's great! now i can brew my coffee just the way i love it. how do you do that? well, inside the brewer, there's this train that's powerful enough to carry more coffee and fresh water to make coffee that's stronger and bigger... and even hotter! actually, i just press this button. brew the coffee you love -- stronger, bigger, or hotter -- for ways to hit the brakes. >>> and now at 6:30, the fiscal cliff is looming as lawmakers on capitol hill look for ways to
thing. they lose part of the tax exemption but they will make money and cell companies love them. >> because it's up in the air. you have nice location on it. and it's getting good connectivity and people don't see it. >> reporter: steeples are the latest place towers are hidden in plain sight disguised as trees, they're in trees even on fast food signs. usually there's controversy no matter where they go. >> churches as independent nonprofits unduly influenced by these contracts. >> reporter: mindy of the utility watchdog group turn worries it could help the companies in lobbying efforts. utilities say no, they just what tonight provide better service from up above the tree line. mike sugerman, cbs 5. >> i talk to god a lot when my cell phone calls drop but probably not in the way mike was talking about. [ laughter ] >> it's going to be a deluge. >> the heavens will open up over the next couple of days. we'll be seeing a lot of rainfall around here perhaps too much in many locations. north bay upwards half a foot to a foot of rainfall by sunday. a lot of rain in a short amount o
-thirds majority to raise taxes 2/3 majority to refer things to the ballot you need a two-thirds majority to override a governor's veto. >> reporter: one issue that could benefit gay marriage. if the supreme court doesn't take up the case the legislature could use its two- thirds vote to put the issue back in front of voters as a ballot initiative. >> but it would take two-thirds just to put it on the ballot. i could imagine democrats thinking about that because on that issue i think democrats think that they are riding a wave. >> reporter: remember all the 11 propositions that you just voted on? the entire process could be changed with a soup majority. the senate president believed it needs to be reformed. >> i think, for example, there is nothing wrong with people with wealth getting involved in the political process, but before you qualify an initiative, you ought to have a responsibility to get, say, 1,000 contributions of $100 or more in order to even qualify in the first place. >> reporter: the question now: will the california democrats go too far to the political left or spend wit
, how much you pay in taxes, and how schools are funded. so we are seeing a big divide here, liz. >> thank you. >>> an inmate serving five years in a northern california prison got a free pass for a few hours to attend his sister's wedding. cbs reporter ben sosenko asked the sheriff why. >> reporter: edward was supposed to be locked up at jail for five years. what allowed him to be let out for a couple of hours? it was a heartfelt letter written by his sister. nothing was going to keep edward from his sister's wedding not even time in the slammer. >> you know, i have kind of a heart, you know, i guess. >> reporter: calaveras county sheriff gary coons was touched when he read the letter explaining a wedding day promise. >> when her father died,er brother promised her to walk her down the aisle. >> reporter: not on easy promise to fulfill seeing his sister make life long vows in the middle of a five-year sentence on drug and gun conviction. >> i looked out and thought about it for a while and, you know, i figured, you know, what the heck. i'll allow that to happen. >> reporter: so
Search Results 0 to 4 of about 5

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